3204 Fran Way Rapid City, SD 57703
This exceptional 0.25-acre commercial land parcel, located at 3204 Fran Way in Rapid City, South Dakota, presents a unique investment opportunity. Zoned for residential use, this property offers significant potential for development within the prestigious Copperfield Vista Subdivision. The lot boasts ample space and width, providing a substantial footprint for future construction. Situated in the Elk Vale Road corridor, a rapidly developing area, this location offers unparalleled convenience and accessibility. The property is just minutes away from Ellsworth Air Force Base and the vibrant downtown area of Rapid City, providing easy access to amenities and a strong local economy. The asking price is $81,700, representing a land value of $326,800 per acre. This represents a rare chance to acquire a piece of this highly sought-after community and capitalize on its growth potential. The property's address is 3204 Fran Way, Rapid City, SD 57703. The lot size is less than 0.5 acres. This is a remarkable opportunity for investors seeking a strategic location with high growth potential in a desirable area. The property is ready for your vision.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.